Running Stream Water Users Association - Dedicated to the preservation of the springs and waterways of the Ilford/Running Stream area on the Great Dividing Range at the gateway to Central NSW.

Saturday, 26 November 2016

Inglenook CCC report notes 20 September 2016

20 Sept 2016
Inglenook CCC - Report to Meeting by
Centennial

Reporting period: March 2016 – September 2016

Project Update:
Exploration Drilling

• Budget submission for 7 exploration boreholes to be
drilled in 2017 has been submitted to Senior Management for approval.

• Focus of the
drilling program is to define the western extent of the coal resource across
Exploration Licences EL7431 and EL7432.

• The drilling program has not yet been approved and the
CCC will be advised if the drilling program is to recommence in 2017.

EL A414 Renewal

• A414 expired in June 2016. Centennial submitted a
renewal application in June 2016 for a further term of six years.

• The Department’s
Exploration Titles Committee (ETC) oversees the renewal process. This committee
is chaired by the Manager, Royalties and Adviser Services and comprises
representatives from the Geological Survey, the Environmental Sustainability
Unit and the Titles Unit.

• Until an expired
exploration title is renewed the conditions of the expired exploration licence
remain in effect. Renewal is expected by December 2016

• There has been no incidents of non-compliance during
the reporting period.

Community
Engagement

• Project newsletter to be distributed in October 2016.

• Access Agreement negotiations for future exploration
will resume once the 2017 work program has been approved by Centennial
management.

Activities for the
coming reporting period

Exploration:

• Planning for
future exploration drilling.

• Statutory Exploration Licence reporting for EL7431,
EL7432 and EL7442 in December 2016.

Environment:

• Surface water and groundwater monitoring to be
undertaken in September.

• Monitoring will only be undertaken at existing
monitoring sites

Company Update

• Improved efficiency and cost management across each of
the five operational mine sites has enabled Centennial Coal to remain
competitive through the current industry downturn.

• NSW Department of Planning and Environment released
Draft CCC Guidelines for comment. Centennial participated with the NSW Minerals
Council Working Group to develop a submission in relation to the Guidelines.
Awaiting the release of the Guidelines.

• NSW Department of Planning and Environment has
commenced consultation in relation to the Social Impact Assessment process. The
outcome of the consultation will be used to inform the draft SIA Guidelines
which are expected to be released November 2016 for comment.

(Notes compiled by Jolieske Lips, Community and RSWUA Representative.)